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20121210
20121210
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FBC 2
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Search Results 0 to 6 of about 7 (some duplicates have been removed)
FOX Business
Dec 10, 2012 5:00pm EST
of tax hikes for wealthier americans as it is? >> people talk about the fiscal cliff as if it is one thing. it is three. there's the obamacare taxes. to pay for obamacare were delayed until after he got himself safely elected. so in the next decade there are a trillion dollars of higher taxes. five of those big ones start january 1st. that is one part. part two, the bush tax cuts disappearing. that is $500 billion tax increase next year, 2013. and then the third part which is the spending restraint, sequester, which obama wants to put off. that would save 1.2 trillion over a decade. he wants to put it off and spend the 1.2 trillion. melissa: all true but, you know what? at this point it seems like it is not resonating with the averaae american. go out and look at polls. quinnipiac said 77% of all republicans think it is a bad idea for lawmakers to promise never to raise taxes. >> no, no, read that poll. melissa: reading it verbatim. >> the question was, should you not raise taxes on the high income earners, whatever. melissa: to never raise taxes on wealthy under any circumstance? >>
CSPAN
Dec 9, 2012 10:45pm EST
is a fantasy. we accept whatever obama wants dhaka duty triet if you want to with the fiscal cliff requires, much like the land of oz with the person hiding behind the machines to raise taxes now and they violated the fiscal cliff. t want to stand up and provide america the fiscal clef, do you want to go on the national and explain that you are so reactionary and out of touch with life that you don't care that america is going to die late on their state? it's all right if that is the kind of person that you are. you will never be on television because after all, you are clearly weird. [laughter] let me start with the fiscal cliff right here and say there is no fiscal cliff. conservatives and republicans are demoralized. get over it. we did a number of stupid things. they were smarter than we work, work harder than we did, fought longer than we did, did some clever things. ronald reagan, one of the most important single statements is february, 1975 in washington that the conservative political action committee meeting. now, i was part of this. i have no sense of timing. so i picked one. [lau
CNBC
Dec 10, 2012 6:00am EST
and the fiscal cliff. republicans want a melt on xwiemtment and tax reform from the president. democrats insist this will not happen until the gop agrees on a tax hike. senator dick durbin saying no deal on the debt without a tax hike of the wealthy. >> i can't tell you, i don't want to do it, the president doesn't want to do it, but we need to solve the problem been we cannot allow the reckless position to drive this economy into another recession. >> some suggesting that it might be better to cave to the president now on taxes and keep up the fight on spending. >> if we were to pass, for instance, raising the top two rate and that's it, all of a sudden we do have the leverage of the debt ceiling and we haven't given that up. >> meantime, one influential voice says enough is enough. >> that's like betting your country. there's something terribly bizarre and juvenile about that is to think your party comes ahead of your country. i don't go for that at all. >> that, of course, was alan simpson, the other half of simpso simpson-bowles. erskin bowles will join us this morning, as well. if you have
CSPAN
Dec 10, 2012 12:35am EST
not have a deal, your taxes are going to go up. a lot of americans to not know a lot about the fiscal cliff. the confidence and a market reaction is very different than the spending cuts and tax increases. here is the fundamental point. i could be wrong, it happened once. why find out? it is irresponsible to govern the country this way. the sequester and across the board cut, it is bat policy. everybody knows it is bad policy. we are very close to doing it. i find the whole situation unsatisfying. host: our phone lines are open and you can also send us an e- mail. you work for a number of members of the democratic party. you work for the president. a question that comes up often is why there is a partisan divide. what has changed over the last 20 or 30 years? guest: we only have an hour so we cannot go through all of that. there are a lot of things. there are some extraordinary changes. politics as a con tact sport is a substantial change from when i worked on the hill. they did not agree on anything, but they enjoy each other's company. i have seen with my own eyes republicans and democrat
FOX Business
Dec 10, 2012 1:00pm EST
: thank you as always. melissa: president obama had to try to seeking more support for the fiscal cliff plan. peter barnes is here with the latest. >> just over an hour they will speak at a diesel engine plant persoextending tax cuts for fedl tax workers. keeping up the pressure on republicans to cave on taxes after the president and speaker john boehner met at the white house yesterday in a spokesperson said discussions with the white house are taking place, but we have no details to share about the substance of those conversations. they say perhaps the best strategy for them is to accept some higher tax rate the president is demanding, get that off the table and combat entitlement reform early next year the president can work for increasing the debt ceiling. republicans will have a little bit more leverage. speak a lot of people putting forward a theory, and i think it has merit for you give the president to 2% increass he is talking about, the rate increase on the top 2%, so there is a growing body. i'm beginning to believe that is the best route for us to take. speak loudly the deci
CBS
Dec 9, 2012 7:00pm PST
approaches the fiscal cliff, a handful of republicans have defied norquist and say they'll consider raising new revues, and 12 newly elected republicans in congress have refused to take the pledge at all. i'm lesley stahl. we'll be back next week with another edition of "60 minutes." captioning funded by cbs and ford-- built for the road ahead. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. ♪ oww! ♪ [ male announcer ] careful, you're no longer invisible in a midsize sedan. the volkswagen passat. winner of a motor trend midsize sedan comparison. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. . . phil: previously on "the amazing race" -- 11 teams began a race around the world -- go! along the way they weric battles. >> go, go, go! phil: frueling challenges. >> they're so heavy. phil: and devastating defe
Search Results 0 to 6 of about 7 (some duplicates have been removed)